Sunshine Biopharma (SBFM)


Market Price (11/8/2026): $2.73 | Market Cap: $2.1 MilSector: Health Care | Industry: Pharmaceuticals

Sunshine Biopharma (SBFM)


Market Price (11/8/2026): $2.73
Market Cap: $2.1 Mil
Sector: Health Care
Industry: Pharmaceuticals

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

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Megatrend and thematic drivers
Megatrends include Precision Medicine, and Aging Population & Chronic Disease. Themes include Biopharmaceutical R&D, Targeted Therapies, Show more.

Weak multi-year price returns
2Y Excs Rtn is -27%, 3Y Excs Rtn is -72%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -5.2 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -15%

Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -2.7%, Rev Chg QQuarterly Revenue Change % is -1.6%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -15%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -16%

High stock price volatility
Vol 12M is 118%

Significant short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 1232%

Key risks
SBFM key risks include [1] a history of unprofitability and reliance on potentially dilutive financing, Show more.

0 Megatrend and thematic drivers
Megatrends include Precision Medicine, and Aging Population & Chronic Disease. Themes include Biopharmaceutical R&D, Targeted Therapies, Show more.
1 Weak multi-year price returns
2Y Excs Rtn is -27%, 3Y Excs Rtn is -72%
2 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -5.2 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -15%
3 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -2.7%, Rev Chg QQuarterly Revenue Change % is -1.6%
4 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -15%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -16%
5 High stock price volatility
Vol 12M is 118%
6 Significant short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 1232%
7 Key risks
SBFM key risks include [1] a history of unprofitability and reliance on potentially dilutive financing, Show more.

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 11/2/2026

Sunshine Biopharma (SBFM) stock has remained largely at the same level since it went public on 10/26/2026 because of the following key factors:

1. Successful Public Offering Bolstered Financial Standing.

Sunshine Biopharma completed a public offering on October 9, 2026, securing approximately $6.0 million in gross proceeds. This capital infusion was designated for general corporate purposes, including working capital, and to support the company's existing generic drug portfolio and ongoing proprietary drug development initiatives. The successful raising of capital enhanced the company's financial liquidity and operational capacity, contributing to positive investor sentiment.

2. Nasdaq Listing Compliance Achieved through Reverse Stock Split.

Effective at market open on October 26, 2026, Sunshine Biopharma executed a one-for-twenty reverse stock split. This action was primarily undertaken to regain and maintain compliance with Nasdaq's minimum bid price requirement. By mitigating the immediate risk of delisting, the reverse split provided a more stable trading environment for the stock and reassured investors of the company's continued presence on a major exchange.

Show more
Updated on 11/2/2026

Sunshine Biopharma (SBFM) stock has remained largely at the same level since it went public on 10/26/2026 because of the following key factors:

1. Successful Public Offering Bolstered Financial Standing.

Sunshine Biopharma completed a public offering on October 9, 2026, securing approximately $6.0 million in gross proceeds. This capital infusion was designated for general corporate purposes, including working capital, and to support the company's existing generic drug portfolio and ongoing proprietary drug development initiatives. The successful raising of capital enhanced the company's financial liquidity and operational capacity, contributing to positive investor sentiment.

2. Nasdaq Listing Compliance Achieved through Reverse Stock Split.

Effective at market open on October 26, 2026, Sunshine Biopharma executed a one-for-twenty reverse stock split. This action was primarily undertaken to regain and maintain compliance with Nasdaq's minimum bid price requirement. By mitigating the immediate risk of delisting, the reverse split provided a more stable trading environment for the stock and reassured investors of the company's continued presence on a major exchange.

3. Continued Advancement in Generic Drug Portfolio and Proprietary Pipeline.

Sunshine Biopharma has demonstrated ongoing operational progress with recent additions to its Canadian generic drug portfolio, including the launch of generic Zofran in September 2026 and the approval of Atenolol in August 2026. Concurrently, the company is advancing its proprietary drug development programs, such as the K1.1 mRNA candidate for liver cancer and a PLpro protease inhibitor for coronavirus infections. These continuous developments in both commercial and pipeline assets contributed to a positive outlook among investors.

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Stock Movement Drivers

Fundamental Drivers

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Market Drivers

7/31/2026 to 11/7/2026
ReturnCorrelation
SBFM  
Market (SPY)-1.6%2.0%
Sector (XLV)13.7%-11.7%

Fundamental Drivers

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Market Drivers

4/30/2026 to 11/7/2026
ReturnCorrelation
SBFM  
Market (SPY)2.6%2.0%
Sector (XLV)27.1%-11.7%

Fundamental Drivers

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Market Drivers

10/31/2025 to 11/7/2026
ReturnCorrelation
SBFM  
Market (SPY)8.7%2.0%
Sector (XLV)29.8%-11.7%

Fundamental Drivers

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Market Drivers

10/31/2023 to 11/7/2026
ReturnCorrelation
SBFM  
Market (SPY)81.9%2.0%
Sector (XLV)55.4%-11.7%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
SBFM Return-----2%2%
Peers Return-49%168%-47%-47%-48%-21%-84%
S&P 500 Return27%-19%24%23%16%12%105%

Monthly Win Rates [3]
SBFM Win Rate-----50% 
Peers Win Rate28%30%38%33%30%44% 
S&P 500 Win Rate75%42%67%75%67%45% 

Max Drawdowns [4]
SBFM Max Drawdown------ 
Peers Max Drawdown-76%-80%-88%-78%-66%-70% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: APRE, ENSC, SCYX, CING, BRTX.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 11/6/2026 (YTD)

How Low Can It Go

SBFM has limited trading history. Below is the Health Care sector ETF (XLV) in its place.

EventXLVS&P 500
2025 US Tariff Shock
  % Loss-11.7%-18.8%
  % Gain to Breakeven13.3%23.1%
  Time to Breakeven142 days79 days
2022 Inflation Shock & Fed Tightening
  % Loss-13.8%-24.5%
  % Gain to Breakeven15.9%32.4%
  Time to Breakeven166 days427 days
2020 COVID-19 Crash
  % Loss-27.9%-33.7%
  % Gain to Breakeven38.8%50.9%
  Time to Breakeven77 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-15.0%-19.2%
  % Gain to Breakeven17.6%23.8%
  Time to Breakeven191 days105 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-15.9%-12.2%
  % Gain to Breakeven18.9%13.9%
  Time to Breakeven165 days62 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-15.8%-17.9%
  % Gain to Breakeven18.8%21.8%
  Time to Breakeven153 days123 days

Compare to APRE, ENSC, SCYX, CING, BRTX

In The Past

State Street Health Care Select Sector SPDR ETF's stock fell -11.7% during the 2025 US Tariff Shock. Such a loss loss requires a 13.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

SBFM has limited trading history. Below is the Health Care sector ETF (XLV) in its place.

EventXLVS&P 500
2020 COVID-19 Crash
  % Loss-27.9%-33.7%
  % Gain to Breakeven38.8%50.9%
  Time to Breakeven77 days140 days
2008-2009 Global Financial Crisis
  % Loss-37.9%-53.4%
  % Gain to Breakeven61.1%114.4%
  Time to Breakeven767 days1085 days

Compare to APRE, ENSC, SCYX, CING, BRTX

In The Past

State Street Health Care Select Sector SPDR ETF's stock fell -11.7% during the 2025 US Tariff Shock. Such a loss loss requires a 13.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Sunshine Biopharma (SBFM)

Sunshine Biopharma, Inc. (SBFM) is a Canadian pharmaceutical and nutritional supplement company primarily dedicated to the research and development of anticancer drugs. The company focuses on discovering and advancing novel compounds aimed at treating various forms of cancer, reflecting its core mission in the biopharmaceutical sector.

The company's leading pharmaceutical candidate is Adva-27a, a GEM-difluorinated C-glycoside derivative of podophyllotoxin. Adva-27a is being developed to treat a broad spectrum of cancers, including leukemia, lymphoma, and solid tumors such as lung, brain, prostate, and ovarian cancers. Notably, it is also designed to kill multidrug-resistant cancer cells, offering potential solutions for challenging cases like pancreatic, breast, and small-cell lung cancers. Additionally, Sunshine Biopharma is advancing SBFM-PL4, an anti-coronavirus treatment compound, through a license agreement with the University of Georgia.

Beyond its drug development pipeline, Sunshine Biopharma also produces and markets a line of science-based nutritional supplements. These include products such as Essential 9, a nutritional supplement tablet, and the Essential Calcium-Vitamin D supplement, catering to the general consumer market seeking health and wellness support.

AI Analysis | Feedback

Here are a few analogies for Sunshine Biopharma:

  • Think of it as an early-stage Gilead Sciences, dedicated to discovering new cancer and antiviral drugs, that also sells health supplements.
  • It's like a smaller version of Pfizer or Merck focused on developing novel cancer and coronavirus treatments, with an additional business selling nutritional supplements.

AI Analysis | Feedback

  • Adva-27a: An anticancer drug candidate designed to treat various cancers and kill multidrug-resistant cancer cells.
  • SBFM-PL4: An anti-coronavirus treatment compound currently under development.
  • Essential 9: A nutritional supplement tablet.
  • Essential Calcium-Vitamin D: A nutritional supplement providing calcium and vitamin D.
  • Other Science-Based Nutritional Supplements: A category of additional nutritional supplements developed and marketed by the company.

AI Analysis | Feedback

Based on the provided description, Sunshine Biopharma, Inc. (SBFM) appears to sell its nutritional supplements primarily to individuals. While the company is heavily involved in the research and development of anticancer drugs and anti-coronavirus treatments, these products are still in development and not actively being sold to major customers described in the text.

For its nutritional supplements (Essential 9 and Essential Calcium-Vitamin D), Sunshine Biopharma primarily serves the following categories of individual customers:

  1. General Health-Conscious Consumers: Individuals who proactively seek to maintain or enhance their overall health and well-being through daily nutritional intake, including essential vitamins, minerals, and amino acids.
  2. Individuals with Specific Nutritional Needs: Consumers looking to address particular dietary deficiencies or support specific health areas, such as bone health (with Essential Calcium-Vitamin D) or ensuring comprehensive essential nutrient intake (with Essential 9).
  3. Consumers Seeking Science-Based Supplements: Individuals who prioritize nutritional supplements developed with a scientific foundation, aligning with Sunshine Biopharma's background as a pharmaceutical and R&D-focused company.

AI Analysis | Feedback

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AI Analysis | Feedback

Dr. Steve N. Slilaty

Chairman, President and Chief Executive Officer

Dr. Steve N. Slilaty is an accomplished scientist and business executive, serving as the Chairman, President, and Chief Executive Officer of Sunshine Biopharma, Inc. since October 15, 2009. He holds a Bachelor of Science degree in Genetics and Biochemistry from Cornell University and a Ph.D. in Molecular Biology & Biochemistry from the University of Arizona. Dr. Slilaty has founded three biotechnology companies, one of which, Genomics One Corporation (now Alert B&C Corporation), he took public, achieving a $1 billion market capitalization. His other ventures include Quantum Biotechnologies Inc. (later Qbiogene Inc.), which grew to over $60 million in annual sales and is now part of MP Biomedicals, and Advanomics Corporation, a privately held company where he has served as President and Chief Scientific Officer since February 2002. Dr. Slilaty's scientific contributions include the discovery of a new class of enzymes and the development of the TrueBlue Cloning System, a key technology for the Human Genome Project. He also previously served as a research team leader at the Biotechnology Research Institute of the National Research Council of Canada.

Camille Sebaaly

CFO, Secretary & Director

Camille Sebaaly serves as the Chief Financial Officer, Secretary, and a Director of Sunshine Biopharma, Inc. No additional background information on previous companies founded or managed, company sales, or private equity involvement is available in the provided sources.

Michel Roy

Chief Commercial Officer

Michel Roy was appointed Chief Commercial Officer of Sunshine Biopharma, Inc. effective January 15, 2025, bringing over 20 years of experience in the pharmaceutical industry. He is responsible for overseeing the company's commercial strategy, including sales, marketing, and business development. Prior to joining Sunshine Biopharma, Mr. Roy founded and led the Canadian operations for Shilpa Medicare from 2020 to 2024. From 2014 to 2020, he was the Vice President of Business Development and Sales at Intas Pharmaceuticals. Mr. Roy holds an Executive MBA from John Molson School of Business, an M.Sc. from Université de Montréal, and a Bachelor of Commerce in economics from Concordia University.

Malek Chamoun

Chief Development Officer

Malek Chamoun is the Chief Development Officer at Sunshine Biopharma, Inc. No additional background information is available in the provided sources.

Robert Ferreira

President of Sunshine Bio Investments Inc.

Robert Ferreira serves as the President of Sunshine Bio Investments Inc., a subsidiary of Sunshine Biopharma, Inc. No additional background information is available in the provided sources.

AI Analysis | Feedback

For Sunshine Biopharma (SBFM), key risks to the business primarily revolve around its financial stability, the inherent challenges of drug development, and its reliance on a pipeline that has yet to yield significant commercial success.

  1. Funding Uncertainty and Dilution Risk
    Sunshine Biopharma faces significant funding uncertainty for its future research and development (R&D) initiatives. A Q3 2025 filing indicated "no committed sources of capital" for future R&D, which creates critical risks for investors. While existing cash and generated sales are projected to cover operations for the next 24 months, this specifically excludes capital for major future R&D activities, clinical trials, and expansion of generic pharmaceutical operations, thus leaving the company's long-term growth trajectory unsecured. To secure necessary capital for these growth initiatives, Sunshine Biopharma will likely need to raise funds through equity offerings, which would further dilute existing shareholders. The company has a history of substantial increases in common shares outstanding and has posted six consecutive years of quarterly losses as of Q3 2025. For example, in the first nine months of 2021, the company incurred $10.7 million in losses from costly convertible debt financing for R&D. This ongoing need for external financing in a development-stage company is a known risk that can lead to operational delays or even the cessation of crucial R&D programs.

  2. Clinical Trial and Regulatory Approval Risk
    As a pharmaceutical company focused on drug development, Sunshine Biopharma is inherently exposed to the high risks associated with clinical trials and regulatory approvals. The company's ability to generate substantial product revenues largely depends on the successful development and commercialization of its proprietary drug candidates, such as Adva-27a (an anticancer drug) and SBFM-PL4 (an anti-coronavirus treatment). However, Sunshine Biopharma has not yet received regulatory approval for any of its proprietary drug development candidates from the FDA. There is no assurance that the FDA or other regulatory bodies will approve its drug candidates in a timely manner, or at all. The drug development process is lengthy, costly, and complex, with a high rate of failure; many products subjected to clinical testing do not demonstrate statistical significance above a placebo. Any failure to obtain regulatory approval would severely harm the company's business by preventing the commercialization of its products.
  3. Dependence on an Unproven Pipeline with a High Burn Rate
    While Sunshine Biopharma does generate revenue, primarily from its Canadian generics subsidiary, Nora Pharma, it remains "deep in the red" with a history of unprofitability. The company's revenue from non-prescription over-the-counter supplements represents less than 3% of total sales. The long-term financial health and growth of the company are heavily dependent on the potential of its development pipeline (e.g., K1.1 mRNA program, Adva-27a, SBFM-PL4) to offset its historical and ongoing losses. However, the success of these pipeline assets is not guaranteed, and the development of Adva-27a has been paused. For a small pharmaceutical company with a limited number of drug candidates, the failure or delay of even one key product in development could have a disproportionately negative impact on its financial viability and future prospects.

AI Analysis | Feedback

The diminishing market opportunity and reduced public health urgency for new broad-spectrum anti-coronavirus treatments. This is driven by widespread global vaccination, the availability of existing effective antiviral medications, and the reclassification of COVID-19 as an endemic rather than a pandemic threat, all of which reduce the commercial viability and potential demand for SBFM-PL4, a compound still in development.

AI Analysis | Feedback

Sunshine Biopharma (NASDAQ: SBFM) operates in the pharmaceutical and nutritional supplement industries, focusing on developing anticancer drugs, anti-coronavirus treatments, and marketing nutritional supplements. The addressable markets for its main products and services are substantial both globally and in the U.S.

Anticancer Drugs (Adva-27a)

Sunshine Biopharma's lead anticancer drug candidate, Adva-27a, targets a wide range of cancers, including leukemia, lymphoma, testicular, lung, brain, prostate, bladder, colon, ovarian, liver, pancreatic, breast, small-cell lung, and uterine sarcoma cells.

  • The global anticancer drugs market was valued at approximately USD 173.52 billion in 2024 and is projected to reach USD 375.32 billion by 2032.
  • In the U.S. alone, the oncology drugs market was valued at USD 85.64 billion in 2024 and is projected to reach USD 189.55 billion by 2033.
  • More specifically, the global market for pancreatic cancer treatment, which Adva-27a is being developed to treat, was valued at USD 2.47 billion in 2022 and is expected to grow to USD 7.88 billion by 2030.

Anti-Coronavirus Treatment (SBFM-PL4)

The company is developing SBFM-PL4 as an anti-coronavirus treatment compound.

  • The global anti-viral therapeutics market was estimated at USD 56.71 billion in 2025 and is projected to reach USD 64.01 billion by 2031.
  • The market for specific antiviral drugs for COVID-19 globally was approximately USD 15.23 billion in 2025, with projections to grow to USD 33.17 billion by 2030.
  • The U.S. antiviral drugs market was estimated at USD 26.41 billion in 2024 but is projected to see a decline to USD 23.61 billion by 2030, largely due to decreasing demand for COVID-19-specific antivirals.

Nutritional Supplements (Essential 9, Essential Calcium-Vitamin D, and other science-based nutritional supplements)

Sunshine Biopharma also offers nutritional supplements such as Essential 9 and Essential Calcium-Vitamin D.

  • The global nutritional supplements market was estimated at USD 517.09 billion in 2025 and is projected to reach USD 862.51 billion by 2033.
  • In the U.S., the dietary supplement market reached USD 69.3 billion in 2024. The U.S. nutrition supplements market size is predicted to increase from USD 115.68 billion in 2026 to nearly USD 182.55 billion by 2035.

AI Analysis | Feedback

Expected Drivers of Future Revenue Growth for Sunshine Biopharma (SBFM) Over the Next 2-3 Years:

  1. Expansion of Generic Pharmaceutical Portfolio: Sunshine Biopharma's primary revenue engine is its Canadian generics subsidiary, Nora Pharma. The company continues to launch new generic prescription drugs in Canada, with recent additions including domperidone, pravastatin, doxycycline, and gabapentin. Further new product launches within this segment are expected to drive consistent revenue growth over the next 2-3 years.
  2. Growth in the Biosimilars Market: The company's entry into the biosimilars market with products such as NIOPEG (a biosimilar comparable to NEULASTA) in Canada marks a strategic expansion into higher-margin therapeutic areas. Continued commercialization and potential additional biosimilar launches are anticipated to contribute significantly to revenue growth.
  3. Advancement of Proprietary Anticancer Drug Adva-27a: Adva-27a, Sunshine Biopharma's lead anticancer compound, is in the IND-Enabling stage of development, with plans to initiate Phase I clinical trials for pancreatic cancer and multidrug-resistant breast cancer. Progress through these clinical milestones within the next 2-3 years could attract strategic partnerships or licensing agreements, potentially generating upfront payments or milestone revenues. A new patent filing, if granted, could extend its exclusivity until January 2033.
  4. Development of K1.1 mRNA for Liver Cancer: The K1.1 mRNA program, an mRNA therapeutic for liver cancer, has shown promising results in preclinical studies by demonstrating measurable tumor reduction in liver cancer models. Continued positive preclinical data and progression of this program are expected to enhance the company's valuation and could lead to collaborations or funding that contribute to revenue within the timeframe.

AI Analysis | Feedback

Sunshine Biopharma (SBFM) has undertaken several capital allocation decisions over the last 3-5 years, focusing primarily on share issuances to fund operations and strategic investments. The company has not engaged in share repurchases.

Share Issuance

  • In February 2022, Sunshine Biopharma completed a firm commitment underwritten public offering, generating aggregate gross proceeds of $8 million from the sale of 1,882,353 units, each consisting of one share of common stock and two warrants to purchase additional shares.
  • The number of shares outstanding for SBFM increased by 1,977.26% in one year.
  • The company had follow-on equity offerings of $32.25 million and $2.46 million, as mentioned in updates around August and April.

Inbound Investments

  • No information available regarding large inbound investments by third-parties within the last 3-5 years.

Outbound Investments

  • Sunshine Biopharma acquired Nora Pharma for C$30 million.
  • In October 2025, the Board approved a $5 million strategic investment in Bitcoin (BTC) as a treasury reserve asset.

Capital Expenditures

  • Capital expenditures in the last 12 months were approximately -$278,130 (a negative value indicating outflows).
  • Cash flow from investing activities was -$1.317 million in the third quarter of 2025, which reflects continued capital expenditure.
  • The company's research and development costs significantly increased to $672,000 in 2021, up from $2,000 in 2020, as funding for drug development projects became available.

Latest Trefis Analyses

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Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

SBFMAPREENSCSCYXCINGBRTXMedian
NameSunshine.Aprea Th.Ensysce .SCYNEXIS CingulateBioResto. 
Mkt Price2.730.540.333.514.251.492.11
Mkt Cap-0.00.00.00.10.00.0
Rev LTM350019000
Op Inc LTM-5-13-13-24-25-14-14
FCF LTM-6-12-9-12-21-12-12
FCF 3Y Avg-9-13-8-22-19-9-11
CFO LTM-5-12-9-12-21-12-12
CFO 3Y Avg-8-13-8-22-18-9-11

Growth & Margins

SBFMAPREENSCSCYXCINGBRTXMedian
NameSunshine.Aprea Th.Ensysce .SCYNEXIS CingulateBioResto. 
Rev Chg LTM-2.7%--544.0%--8.5%-2.7%
Rev Chg 3Y Avg42.1%--128.2%-54.6%54.6%
Rev Chg Q-1.6%---100.0%--7.3%-7.3%
QoQ Delta Rev Chg LTM-0.4%---1.7%--0.5%-0.5%
Op Inc Chg LTM4.3%10.6%-90.4%30.8%-39.6%-16.1%-5.9%
Op Inc Chg 3Y Avg12.7%4.2%-5.1%-35.6%-11.8%8.1%-0.5%
Op Mgn LTM-14.7%---126.9%--3,975.0%-126.9%
Op Mgn 3Y Avg-14.9%---638.8%--5,372.4%-638.8%
QoQ Delta Op Mgn LTM-1.8%---9.3%-375.1%-1.8%
CFO/Rev LTM-15.1%---63.8%--3,302.3%-63.8%
CFO/Rev 3Y Avg-24.1%---488.1%--3,261.7%-488.1%
FCF/Rev LTM-15.7%---63.8%--3,324.6%-63.8%
FCF/Rev 3Y Avg-27.3%---488.1%--3,303.0%-488.1%

Valuation

SBFMAPREENSCSCYXCINGBRTXMedian
NameSunshine.Aprea Th.Ensysce .SCYNEXIS CingulateBioResto. 
Mkt Cap-0.00.00.00.10.00.0
P/S---2.2-3.72.9
P/Op Inc--2.2-0.3-1.7-2.2-0.1-1.7
P/EBIT--2.2-0.3-4.1-2.2-0.1-2.2
P/E--2.4-0.3-4.1-1.9-0.1-1.9
P/CFO--2.4-0.5-3.4-2.7-0.1-2.4
Total Yield--44.3%-293.5%-24.4%-51.3%-820.6%-51.3%
Dividend Yield-0.0%0.0%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg--85.2%-248.1%-46.1%-244.2%-1,048.2%-244.2%
D/E-0.00.00.00.10.00.0
Net D/E--1.4-0.1-1.1-0.4-2.7-1.1

Returns

SBFMAPREENSCSCYXCINGBRTXMedian
NameSunshine.Aprea Th.Ensysce .SCYNEXIS CingulateBioResto. 
1M Rtn3.0%-3.3%-27.4%-16.8%-12.9%-21.2%-14.9%
3M Rtn3.0%-17.0%-36.1%-33.0%-20.4%346.0%-18.7%
6M Rtn3.0%-44.9%-5.1%-52.1%-19.4%624.0%-12.2%
12M Rtn3.0%-56.1%-83.9%-26.3%13.9%8.8%-11.6%
3Y Rtn3.0%-86.7%-97.6%-76.3%-95.1%-21.2%-81.5%
1M Excs Rtn8.1%2.0%-22.4%-11.8%-7.9%-16.3%-9.9%
3M Excs Rtn7.9%-11.1%-17.9%-27.0%-14.2%350.7%-12.7%
6M Excs Rtn3.3%-44.6%-4.8%-51.8%-19.1%624.3%-11.9%
12M Excs Rtn-5.6%-67.8%-92.7%-39.0%2.7%-6.3%-22.7%
3Y Excs Rtn-71.6%-161.7%-172.4%-149.6%-169.6%-89.8%-155.7%

Comparison Analyses

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FDA Approved Drugs Data

Expand for More
Post-Approval Fwd Returns
FDA
App #
Brand
Name
Generic
Name
Dosage
Form
FDA
Approval
3M
Rtn
6M
Rtn
1Y
Rtn
2Y
Rtn
Total
Rtn
BLA761412  LANGLARAinsulin glargine-aldyinjectable4292026     
ANDA208508  TICAGRELORticagrelortablet10282025     
ANDA213348  RIVAROXABANrivaroxabantablet5142025     
ANDA213037  ARIPIPRAZOLEaripiprazoletablet10022023     
ANDA214004  METOPROLOL SUCCINATEmetoprolol succinatetablet, extended release9262022     
ANDA214748  BRIVARACETAMbrivaracetamtablet6092022     
ANDA213594  OSELTAMIVIR PHOSPHATEoseltamivir phosphatefor suspension1052022     
ANDA208335  LINAGLIPTINlinagliptintablet8312021     
ANDA208336  LINAGLIPTIN AND METFORMIN HYDROCHLORIDElinagliptintablet8302021     
ANDA212328  DULOXETINE HYDROCHLORIDEduloxetine hydrochloridecapsule, delayed rel pellets2112021     
...         
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Post-Approval Fwd Returns
FDA
App #
Brand
Name
Generic
Name
Dosage
Form
FDA
Approval
3M
Rtn
6M
Rtn
1Y
Rtn
2Y
Rtn
Total
Rtn
BLA761412  LANGLARAinsulin glargine-aldyinjectable4292026     
ANDA208508  TICAGRELORticagrelortablet10282025     
ANDA213348  RIVAROXABANrivaroxabantablet5142025     
ANDA213037  ARIPIPRAZOLEaripiprazoletablet10022023     
ANDA214004  METOPROLOL SUCCINATEmetoprolol succinatetablet, extended release9262022     
ANDA214748  BRIVARACETAMbrivaracetamtablet6092022     
ANDA213594  OSELTAMIVIR PHOSPHATEoseltamivir phosphatefor suspension1052022     
ANDA208335  LINAGLIPTINlinagliptintablet8312021     
ANDA208336  LINAGLIPTIN AND METFORMIN HYDROCHLORIDElinagliptintablet8302021     
ANDA212328  DULOXETINE HYDROCHLORIDEduloxetine hydrochloridecapsule, delayed rel pellets2112021     
ANDA213496  TADALAFILtadalafiltablet11232020     
ANDA213032  SILDENAFIL CITRATEsildenafil citratetablet6112020     
ANDA213069  FEBUXOSTATfebuxostattablet6022020     
ANDA211978  ENTECAVIRentecavirtablet5202020     
ANDA213346  SOLIFENACIN SUCCINATEsolifenacin succinatetablet4132020     
ANDA210667  ROSUVASTATIN CALCIUMrosuvastatin calciumtablet4012020     
ANDA211865  RANOLAZINEranolazinetablet, extended release3232020     
ANDA212739  OSELTAMIVIR PHOSPHATEoseltamivir phosphatecapsule3042020     
ANDA211335  TADALAFILtadalafiltablet3262019     
ANDA211049  OLMESARTAN MEDOXOMILolmesartan medoxomiltablet2222019     
ANDA209044  AZITHROMYCINazithromycintablet12072018     
ANDA209045  AZITHROMYCINazithromycintablet12072018     
ANDA209043  AZITHROMYCINazithromycintablet12062018     
ANDA206238  OLANZAPINEolanzapinetablet11192018     
ANDA208999  METFORMIN HYDROCHLORIDEmetformin hydrochloridetablet10122018     
ANDA206669  ENTACAPONEentacaponetablet10032018     
ANDA206295  MOXIFLOXACIN HYDROCHLORIDEmoxifloxacin hydrochloridetablet9282018     
ANDA204062  IBUPROFENibuprofentablet9102018     
ANDA208987  CLARITHROMYCINclarithromycintablet, extended release7092018     
ANDA206524  AMLODIPINE BESYLATEamlodipine besylatetablet5042018     

Clinical Pipeline

Drug CandidateIndicationPhase 3 TrialsEst. Primary Completion
Larotinib (Lerotinib)Esophageal Cancer1Aug 2026
608Ankylosing Spondylitis1Jan 2027
610Severe Asthma1Feb 2027
Mitizodone PhosphateMajor Depressive Disorder1Jul 2027
Clifutinib (HEC73543)Acute Myeloid Leukemia1Nov 2027
611Atopic dermatitis, nasal polyps, and COPD4Sep 2028
HEC585Idiopathic Pulmonary Fibrosis1Jan 2031
Active Phase 3 studies led by the company. Source: ClinicalTrials.gov · Updated 8/28/2026

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Single Segment36352440
Total36352440


Assets by Segment
$ Mil20172016
Single Segment00
Total00


Price Behavior

Price Behavior
Market Price$2.71 
First Trading Date01/12/2010 
Distance from 52W High-18.6% 
   50 Days200 Days
DMA Price  
DMA Trend  
Distance from DMA  
 3M1YR
Volatility117.7%117.7%
Downside Capture  
Upside Capture  
Correlation (S&P 500)  
SBFM Betas & Captures as of 10/31/2026

 1M2M3M6M1Y3Y
Beta-4.323.068.384.41-3.816.86
Up Beta-26.08-13.87-11.13-10.219.33-6.66
Down Beta23.41-32.18-35.60-26.89-25.56-18.66
Up Capture285%143%89%35%13%1%
Bmk +ve Days12182862130427
Stock +ve Days333333
Down Capture88%48%38%19%11%7%
Bmk -ve Days10253664121325
Stock -ve Days111111

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SBFM
SBFM2.3%117.7%1.02-
Sector ETF (XLV)28.6%16.9%1.31-11.7%
Equity (SPY)9.5%13.6%0.402.0%
Gold (GLD)1.6%28.7%0.0526.5%
Commodities (DBC)38.4%21.2%1.4239.6%
Real Estate (VNQ)11.3%14.2%0.51-26.6%
Bitcoin (BTCUSD)-27.2%43.6%-0.61-24.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SBFM
SBFM0.4%117.7%1.02-
Sector ETF (XLV)8.3%15.4%0.35-11.7%
Equity (SPY)11.3%17.3%0.482.0%
Gold (GLD)17.5%19.1%0.7426.5%
Commodities (DBC)8.1%19.6%0.3039.6%
Real Estate (VNQ)1.3%18.9%-0.04-26.6%
Bitcoin (BTCUSD)4.0%51.6%0.26-24.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SBFM
SBFM0.2%117.7%1.02-
Sector ETF (XLV)12.2%16.8%0.59-11.7%
Equity (SPY)15.0%18.0%0.702.0%
Gold (GLD)11.9%16.5%0.5926.5%
Commodities (DBC)7.5%18.1%0.3339.6%
Real Estate (VNQ)5.9%20.7%0.24-26.6%
Bitcoin (BTCUSD)60.0%66.3%1.00-24.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date10152026
Short Interest: Shares Quantity0.8 Mil
Short Interest: % Change Since 9302026539.6%
Average Daily Volume28.8 Mil
Days-to-Cover Short Interest1
Basic Shares Quantity0.1 Mil
Short % of Basic Shares1231.8%

Earnings Returns History

Updated 10/14/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
4/9/2026-4.0%-3.1%1.0%
5/19/2025-0.7%-4.0%-2.0%
4/2/2025-18.2%-34.2%-39.1%
11/7/20241.5%-4.5%24.6%
8/19/2024-3.6%-5.2%-3.2%
5/22/2024-7.5%-18.2%-56.4%
4/1/2024-23.1%-9.1%-91.8%
11/13/20234.3%5.9%-5.5%
...
SUMMARY STATS   
# Positive212
# Negative898
Median Positive2.9%5.9%12.8%
Median Negative-5.8%-7.2%-34.6%
Max Positive4.3%5.9%24.6%
Max Negative-23.1%-34.2%-91.8%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
4/9/2026-4.0%-3.1%1.0%
5/19/2025-0.7%-4.0%-2.0%
4/2/2025-18.2%-34.2%-39.1%
11/7/20241.5%-4.5%24.6%
8/19/2024-3.6%-5.2%-3.2%
5/22/2024-7.5%-18.2%-56.4%
4/1/2024-23.1%-9.1%-91.8%
11/13/20234.3%5.9%-5.5%
8/11/2023-3.8%-7.2%-31.7%
5/11/2023-18.8%-29.7%-37.5%
SUMMARY STATS   
# Positive212
# Negative898
Median Positive2.9%5.9%12.8%
Median Negative-5.8%-7.2%-34.6%
Max Positive4.3%5.9%24.6%
Max Negative-23.1%-34.2%-91.8%

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202608/13/202610-Q
03/31/202605/13/202610-Q
12/31/202504/03/202610-K
09/30/202511/13/202510-Q
06/30/202508/12/202510-Q
03/31/202505/15/202510-Q
12/31/202404/01/202510-K
09/30/202411/05/202410-Q
06/30/202408/16/202410-Q
03/31/202405/20/202410-Q
12/31/202303/28/202410-K
09/30/202311/13/202310-Q
06/30/202308/10/202310-Q
03/31/202305/10/202310-Q
12/31/202204/04/202310-K
09/30/202211/07/202210-Q
Collapse to Preview
Report DateFiling DateFiling
06/30/202608/13/202610-Q
03/31/202605/13/202610-Q
12/31/202504/03/202610-K
09/30/202511/13/202510-Q
06/30/202508/12/202510-Q
03/31/202505/15/202510-Q
12/31/202404/01/202510-K
09/30/202411/05/202410-Q
06/30/202408/16/202410-Q
03/31/202405/20/202410-Q
12/31/202303/28/202410-K
09/30/202311/13/202310-Q
06/30/202308/10/202310-Q
03/31/202305/10/202310-Q
12/31/202204/04/202310-K
09/30/202211/07/202210-Q
06/30/202208/03/202210-Q
03/31/202205/06/202210-Q
12/31/202103/21/202210-K
09/30/202111/09/202110-Q
06/30/202108/09/202110-Q
03/31/202105/11/202110-Q
12/31/202003/30/202110-K
09/30/202011/12/202010-Q
06/30/202008/19/202010-Q
03/31/202005/18/202010-Q
12/31/201905/01/202010-K
09/30/201911/13/201910-Q
Core Cache Last Updated: 11/7/2026